Colgate-Palmolive (India) surged 6% to Rs 1,099 on BSE after the company reported a better-than-expected 8% growth in net profit at Rs 136 crore in June quarter (Q1FY18). Analysts on an average had expected profit of Rs 128 crore for the quarter.

Colgate's second indigenous product Cibaca Vedshakti after Active Salt Neem toothpaste last year comes as rival Patanjali Ayurved has identified three key categories to help it double turnover to Rs 10,000 crore this financial year.

Listed rural plays were among the highest gainers on the bourses after the Indian Meteorological Department (IMD) and Skymet, a private weather forecaster, predicted an above normal monsoon for 2016. The positive sentiments that followed the news is

The Colgate-Palmolive India (Colgate) scrip has lagged the Sensex over the past year as well as in the month gone by. In fact, it made a new 52-week low of Rs 791 on Friday, and there are multiple reasons for this.

FMCG major Colgate Palmolive India today said toothpowder manufacturing operations at its Waluj factory in Maharashtra have been discontinued with effect from May 5, following a voluntary retirement scheme (VRS) accepted by its employees.

FMCG major Colgate-Palmolive India on Friday posted a 16 per cent rise in net profit to Rs 130.86 crore for the quarter ended December. It had reported a net profit of Rs 112.83 crore for the same period of the previous financial year.

In line with bigger peers like Hindustan Unilever (HUL) and ITC, Colgate-Palmolive, fell short of expectations, albeit only a little, in the December quarter. Lower-than-expected volume growth, subdued other income and a higher tax rate were key reasons.